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How do you evaluate a hard money or private money lender?
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I am looking to finance a foreclosed condo in Mercer County, New Jersey.- Purchase Price: $92,000- Repair Budget: $25,000I was quoted the following terms with a Homestyle Renovation Mortgage:-Total Loan Amount: $96,04...
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Hi Investors! I have a few questions on a 203k Loan. I was told by a Broker that When you need a co-signer (which I will and I can get) that you can not do a 203k Loan with 3.5% down on a owner occupied multifamily. Y...
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What is a reasonable fee for STR property management?NY investor that has 3 STR properties in Stratton, VT struggling to get a good property management company without killing my profits?
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With all the underwriting guidelines changing due to COVID, where are you folks finding "decent" deals on cash out refinancing that's worth looking at? I'm finding that either the rate is not attractive enough or the...
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I have been searching for ways to understand how to structure a deal for investors on a multi family apartment. What are different percentages or ROI as well as a ratio of ownership like 50/50 ,70/30 and other ways. I...
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Hello,I have a house I bought in March 22nd and rented it as lease to purchase. Now the tenant want to buy it with FHA loan. What is exactly the earliest closing date for house can be sold.Is it can be closed on 6/21...
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I’m using private money for the first time to buy some rental units. I don’t know much about any upfront fees but I keep coming across loan origination fee. I’m just trying to make sure this is perfectly normal!
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Hello everyone,I couldn't find the answer to my specific question anywhere else so I was hoping fellow BP'ers could help me out!I'm looking to team up with an active RE agent so that when I make an offer for a propert...
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I have my first deal under contract. The buyer that I assigned the contract to had an inspection done and is asking for a lower purchase price. My questions are:1. How would I lower the price? Just an amendment to the...